Marketbeat: Poland warehouse market - Q1 2014 [REPORT]

Modern warehouse take-up in the first quarter of 2014 stood at over 470,000 sq m which is 100,000 sq m more than witnessed in the same quarter in 2013. New lease agreements accounted for 58% of total take-up, lease renegotiations made up 34%, and lease expansions around 8%. As in previous years, take-up predominantly came from logistics operators as well as companies from the automotive, electronic and food sector.